Treasurer, Minister for Industrial Relations – Tim Pallas MP
Tim Pallas MP commenced as Treasurer of Victoria in 2014.
The Treasurer’s responsibilities include:
- preparing and delivering the annual state budget
- promoting economic growth across Victoria
- developing the fiscal objectives and strategy for Victoria
- overseeing the economic policy and economic strategy of the Government
- driving wages policy, which operates in conjunction with industrial relations policies
- overseeing the planning and delivery of major infrastructure projects undertaken across government
- revenue policy and collection for the State of Victoria, including land transfer duty, payroll tax and land tax
- borrowing, investment and financial arrangements to hedge, protect and manage the State’s financial interests
- providing investment and fund management services to the State and its statutory authorities.
As Minister for Industrial Relations, DTF advises and supports this portfolio, principally through the team at Industrial Relations Victoria, who work towards achieving a positive working environment for all Victorians.
Assistant Treasurer, Minister for WorkSafe and the TAC - The Hon. Danny Pearson MP
The Hon Danny Pearson MP commenced as Assistant Treasurer in June 2020, and as Minister for WorkSafe and TAC in December 2022.
The Minister’s primary responsibilities are:
- the State’s financial reporting and accountability framework
- whole of Victorian Government financial management and risk management frameworks
- overseeing superannuation policy for the State and oversight of the Emergency Services Superannuation Scheme
- the Essential Services Commission, the independent economic regulator of the State’s essential services
- the Registrar of housing agencies, who regulates Victoria’s registered community housing agencies
- The Victorian Managed Insurance Authority, the Victorian Government’s insurer and risk adviser
- overseeing regulatory reform across the whole of Victorian Government
- Victoria’s workplace safety regulator and workers’ compensation scheme as delivered through WorkSafe Victoria
- transport accident compensation delivered via the Transport Accident Commission.